Investors Snap Up BOSQAR Shares, 93% of Target Raised

Croatian investment group BOSQAR INVEST announced on Friday that its secondary public offering of new shares, which began on June 1, 2026, is proceeding as planned, attracting significant investor attention. As of the close of business on June 4, the order book had surpassed 93% of the targeted 150 million euros. This figure represents the current status and is subject to change until the offering period concludes on June 10 for new investors and June 15 for existing ones. BOSQAR INVEST plans to issue up to 5,892,185 new shares, with prices ranging from 25.50 to 26.50 euros per share. The final price will be determined after the second round of the offering, considering investor interest, market conditions, and the company's growth potential. The final price is expected to be announced by June 11, 2026. The offering is open to existing shareholders, domestic retail investors, qualified investors, and employees of BOSQAR INVEST group companies in Croatia and Slovenia. Shares can be subscribed through various banks, including Zagrebačka banka, Erste banka, Privredna banka Zagreb, and Raiffeisenbank Hrvatska, as well as digital platforms and FINA. The company intends to use the proceeds primarily for future investments and acquisitions, including a potential takeover of PIK Vrbovec, and for further business expansion. Trading of the new shares on the Zagreb Stock Exchange is anticipated to begin in early July 2026, following the allocation, payment, and capital increase processes. A specific portion of the offering is dedicated to an Employee Stock Ownership Plan (ESOP) for BOSQAR INVEST group employees in Croatia and Slovenia.